Table of I.Contents Week [14 dB: I.Compound Interest Wildtt 43 Preparation Quiz
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Darlyne Tarver (username: dtarver
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1u'iil'ritten: Oct 3, 2015 E44 PM Oct 3, 2015 IzEi PM
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Questions
Q1) Very Comfortable Retirement
Suppose you would like to have a retirement fund from which you can draw an income of $100,000 per
year-forever! How much would you need to have invested by the time you retire? Assume an average
APR of 6% with on
W07.07 4D Guided Practice Discussion Board
4D Guided Practice Discussion Board Instructions
Questions
1.
Suppose that you need a loan of $10,000 and are offered a choice of a 3-year
loan at 7% interest or a 5-year loan at 8% interest. Find the monthly pay
W08.07 7A Guided Practice Discussion Board
- InstructionsQuestions
1.
Give a thoughtful example for each of the three types of probabilities:
(empirical, theoretical, subjective).
Answers:
Empirical Probability an event is an "estimate" that the event wil
W06.15 1D Guided Practice Discussion Board.docx
Questions
1. Watch the four minute video clip below ("Battle of Wits" scene from The
Princess Bride). Listen closely to the logical reasoning of Vizzini as he tries to
make his choice from which goblet to dr
W09.07C Guided Practice Discussion
Board- Instructions
Questions
1.
In 10 tosses of a fair coin, would you be surprised to see exactly 6 heads? In
1000 tosses of a fair coin, would you be surprised to see exactly 600 heads? Of the
two scenarios, which is
Questions
Q1) Describe in easy to understand language the difference between simple interest and compound
interest and why compounding truly makes a difference in the long run.
A1) In a simple interest investment the interest growth is only applied to the
W08.14 7B Guided Practice Discussion
Board Instructions
Questions
1.
A covered jar contains 3 green marbles, 5 blue marbles, and 9 white marbles
and you cant see these contents. What is the probability that, if you randomized
the marbles by shaking the ja
W06.08 1C Guided Practice Discussion
Board
Questions
1.
How many people at the conference are employed men without a
college degree in the figure above? (See Problem #62 in 1C of your
textbook.)
There are 6
2.
How many people at the conference are unemplo
W05.06 1A Guided Practice Discussion
Board
Questions
1.
Choose the fallacy that best represents the following statements:
Over the past few hundred years, global warming has increased and the
number of pirates on the open seas has decreased. Therefore, gl
W05.13 1B Guided Practice Discussion
Board
Questions
1.
Describe in a few sentences, why you think this statement below
makes logical sense or does not make logical sense:
When Jennifer is depressed, she listens to music on her iPod. I saw her today
liste